Cost Of Living in Shepherd, TX

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Shepherd	Texas	National
Cost of living	83	92	100
Goods & Services	93	96	100
Groceries	98	96	100
Health care	100	94	100
Housing	55	83	100
Transportation	85	92	100
Utilities	103	104	100

New Real Estate Listings in Shepherd Area

For Sale For Rent

Search

Search Homes for Sale in Shepherd, TX

See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

The cost of living in Shepherd is 10% lower than the Texas average
The cost of living in Shepherd is 17% lower than the national average
Shepherd housing is 45% lower than the national average
Texas general sales tax is 22% higher than the national average
Texas state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Shepherd

See all the best places to live around Shepherd

Compare Shepherd, TX Cost of Living

Write a review to give others more information about this area.

See all Shepherd poll results

The best places in Texas

Here are the best places to live in Texas

These are the 10 cheapest cities in Texas

Safest Cities In The US

Safest States In The US

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$47,202	$3,934	$1,101	$1,416
Renters	$40,040	$3,337	$934	$1,201

Texas Sales Tax

State	General Sales Tax	With Max Surtax
Texas	6.25%	8.25%

Texas Income Tax

State	Income Tax (Low)	Income Tax (High)
Texas	0%	0%

Goods & Services

Item	Shepherd	National avg.	Difference
Haircut	$25.52	$24.26	5.2%
Beauty Salon	$67.87	$45.56	48.9%
Toothpaste	$3.53	$3.70	4.6%
Shampoo	$1.29	$1.28	1.0%
Movie	$11.10	$12.13	8.5%
Bowling	$23.53	$18.00	30.7%

Groceries

Item	Shepherd	National avg.	Difference
Ground Beef	$5.65	$5.84	3.3%
Fried Chicken	$1.61	$1.57	2.1%
Milk	$4.70	$4.67	0.7%
Potatoes	$4.99	$4.93	1.1%
Pizza	$11.67	$12.09	3.5%
Beer	$10.52	$10.41	1.1%

Health Care

Item	Shepherd	National avg.	Difference
Optometrist	$120.70	$125.68	4.0%
Doctor	$93.85	$135.78	30.9%
Dentist	$120.24	$113.29	6.1%
Ibuprofen	$10.69	$10.65	0.3%
Lipitor	$505.78	$468.60	7.9%

Housing

Item	Shepherd	National avg.	Difference
Home Price	$84,900.00	$184,700.00	54.0%
Avg. Mortgage Payment	$1,890.77	$2,346.69	19.4%
Apartment Rent	$733.00	$949.00	22.8%

Transportation

Item	Shepherd	National avg.	Difference
Gasoline	$3.02	$3.46	12.8%
Tire Balancing	$58.88	$59.92	1.7%

Utilities

Item	Shepherd	National avg.	Difference
All Electricity	$190.29	$193.99	1.9%
Phone	$211.13	$192.25	9.8%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
West Livingston, TX	7,873	84	15.8%
Cleveland, TX	8,150	84	15.7%
Goodrich, TX	310	85	15.2%
Big Thicket Lake Estates, TX	611	86	13.8%
North Cleveland, TX	283	87	13.5%
Shepherd, TX	2,489	83	17.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Orchard Lake Village, MI	2,489	182	81.9%
Leavenworth, WA	2,489	132	32.0%
Meadow Lake No. 588, SK	2,489	n/a
Pine Air, FL	2,488	108	7.6%
Lithonia, GA	2,488	90	10.0%
Shepherd, TX	2,489	83	17.1%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Shepherd, TX